Spot crypto ETFs lose $391 million in daily net outflows
Recorded spot BTC and ETH ETFs $391 million in net outflows on October 14. Accounted Ethereum funds for about 56 percent of the total.
Spot Bitcoin and Ethereum exchange-traded funds recorded $391 million in combined net outflows on October 14, according to tracking data from SoSoValue and CoinGape.
Ethereum funds accounted for approximately 56% of the total withdrawals, signaling that institutional confidence remains fragile at current market levels.
What do these terms mean?
Exchange-Traded Fund (ETF): An investment fund traded on stock exchanges that tracks the price of an underlying asset or basket of assets.
Net Outflows: The net amount of capital withdrawn from a financial fund when redemptions exceed new investments.
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